DuluxGroup Limited
(ASX:DLX) has reported a NPAT of $63.7 million for the six months to 31 March 2016, which it says is an increase of 3.7%.
The company declared an interim dividend of 11.5 cents per share, fully franked
DuluxGroup says this is a 4.5% increase and a 70% payout ratio on NPAT.
Sales revenue also increased by 1.7% to $851.1 million.
The company’s managing director, Patrick Houhilan, says that he expects DuluxGroup’s 2016 NPAT to be higher than the 2015 equivalent of $124.7 million, subject to economic conditions.
